CHESAPEAKE UTILITIES CORP — Director's Dealing 2011

May 18, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHESAPEAKE UTILITIES CORP (CPK)
CIK: 0000019745
Period of Report: 2011-05-16

Reporting Person: ADKINS RALPH J (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-16	Common Stock	S	1000	$41.285	Disposed	53643	Direct
2011-05-16	Common Stock	P	0	—	Acquired	3301	Indirect

Footnotes

F1: Shares were sold in multiple broker transactions ranging from $41.25 to $41.35 with a weighted average price of $41.285 per share. The filer can provide, upon request, detailed breakouts of the transactions, including the number of shares sold at each separate price.